New £18 million fund to accelerate house building

Today, Friday 11th November Government announced a new £18m fund to accelerate house building.

The aim of the fund is to speed up house building on large sites and that will provide thousands of new homes where people want to live.  It is expected that there will be delivery of up to 800,000 homes and infrastructure across large sites in England and this is in addition to other measures to increase the number of much needed homes.

The additional measures include:

  • creating 6 new Housing Zones that will support development on brownfield land to provide 10,000 homes
  • government support and funding for a new locally-led Garden Town at Otterpool Park, Shepway in Kent which will deliver up to 12,000 new homes

To read the full Press Release from DCLG please use the following link